M&A

Jadar pops up next door to European Lithium's Wolfsberg

HAVING pulled out the nearology card previously with the Rio Tinto's lithium-borate project in Serbia, junior Jadar Lithium has gone for it again with a deal to acquire exploration assets "adjacent to the successful Wolfsberg project" in Austria owned by ASX peer European Lithium.

 Having earlier liked what it saw in Serbia, Jadar is now off to Austria too

Having earlier liked what it saw in Serbia, Jadar is now off to Austria too

The 80% stake in 46.5sq.km of ground is being acquired from Exchange Minerals for shares equivalent to about 19% of the expanded capital structure of the company (on an undiluted basis), with Jadar required...

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